Tag: Bernard Madoff

Kochs and Other Madoff Investors Are Winners in Fight Over Profits Held Abroad – The New York Times

The company led by the American billionaire Koch brothers, along with dozens of banks and fund managers, kept billions of dollars in profit from Bernard L. Madoff’s Ponzi scheme in accounts offshore. As it turns out, that was a good decision. Koch Industries and others who invested in the Madoff fund from offshore accounts won a key ruling in federal…

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